SLSVC(SH:600123)2026-01-26 09:05Financial Performance Forecast - The company expects a net profit attributable to shareholders of the parent company for 2025 to be between -550 million and -440 million yuan, a decrease of 1,267.68 million to 1,157.68 million yuan compared to the previous year, representing a year-on-year decline of 176.64% to 161.31%[3]. - The expected net profit after deducting non-recurring gains and losses for 2025 is projected to be between -990 million and -840 million yuan[5]. - In the previous year, the total profit was 826.86 million yuan, with a net profit attributable to shareholders of the parent company of 717.68 million yuan[6]. Reasons for Expected Loss - The main reasons for the expected loss in 2025 include declining market prices for coal and chemical fertilizers, asset impairment provisions due to capacity upgrades, and decreased investment income from a subsidiary that ceased operations[7]. Strategic Measures - The company plans to implement cost reduction and efficiency enhancement measures, accelerate the upgrade of coal chemical projects, and leverage the advantages of Jiaxiang Port to enhance coal business profitability[7]. Non-Recurring Gains and Audit Status - The company received a refund of 528 million yuan related to the acquisition of a wholly-owned subsidiary, which increased non-recurring gains by 403 million yuan after excluding corresponding asset values[8]. - The financial data in this earnings forecast has not been audited by an annual audit firm and is based on preliminary calculations by the company's finance department[9]. Investment Risks - Investors are advised to pay attention to investment risks as the forecast data is preliminary and the final financial data will be disclosed in the official 2025 annual report[10].